I added the set shown on Friday by Roofer to my DJIA chart. Doesn't this combination look interesting?

Did everyone see that .886 bounce, just like yesterday? I'm watching around 96 and 1100 next, but the key set line from the TD (or balanced move) is just overhead at around 93.50, and it has to overcome that to move up. Also, if you do a 1-min SL set, right here at 92 is the upper //, and it 'sees' it, even if only temporarily, so I'm watching cautiously here. The bigger issue is the DX, which just hit a major set line and rolled over. I would expect it to roll down a bit before it could resume any uptrend. We shall see. Fun stuff, in my opinion.

Another low to end the correction?

Nice chart, shmendel. Notice that before it gets to the ABCD, about where your ? is, a 4 PT could form, at the SL upper //, or at the TD/measued move upper //. It sure 'sees' the SL upper //, and although I think it will battle that and then burst up, it could roll off it. The main issue is, what does everyone think of the LOD today. Anything there to push this up for awhile? If so, looking at bearish setups here is not the correct 'context'.

Okay, it did burst up over the SL upper //, as expected, and took that TD set upper // like Grant took Richmond. A few more ticks and we have a new RTH HOD. My mentioned areas look like no problem at all as they just crush the dollar.

BTW, I was going to mention the awesome 4 PT in AAPL, but I can't recall, I don't think I did. It triggered nicely, and is really exploding. I wish I would have posted it before the fact, but I just realized I forgot. Oh, well, it's still cool for everyone to watch. Are you bullish at this point on AAPL after the run up with few corrections to speak of? At a potential top? I'm not saying I'm not, I'm just saying study all the aspects in forming a premise on this one.

So I might be waiting a long time?

There you go, shmendel. Good 'context'.

96 hit. Rock me, Jimadamus.

AAPL is actually a flat/4PT 'hybrid', flat on top, 4PT on the bottom end. Spirit of the pattern, folks.

This wants to move, I think. 1100 next, but what after that?

AAPL just going nuts. The most important key line is right here. If that gets taken out, that's a huge clue, in my opinion. Now we see.

AAPL next stop 201-202?

ES a rocketship!

great guys....awesome text...cant believe what time the low hit Jim...i might quit after today.

AAPL a few pennies short of 214 today. Smokin' at all-time new highs. GOOG a penny shy of 626, also just exploding to new highs for the 'bull'.

Also setting new highs today for the entire 'bull': Mid-caps, Russell, NDX, NASDAQ Composite, and the SOX Index.